Herrod, the former CTO of VMWare, will build enterprise startups in areas like AI and cybersecurity.
Herrod is joining the venture studio Juxtapose, where he will focus on creating enterprise software startups, he told Insider exclusively.
Though Juxtapose's portfolio includes a range of industries such as fintech, insurance, and healthtech, the firm hasn't had a long reach within enterprise software.
He told Insider he sees ample opportunity within segments such as cybersecurity, open-source software, software supply-chain management, and artificial intelligence — several of which are receiving a hefty amount of attention from VCs right now.
Now the venture world is full of former tech executives who have made the switch to backing startups.